Residential

Over the last two years, the likes of Venn, M3 Capital Partners, Prudential Financial, M&G and Legal & General have been allocating large sums to the build-to-let market.

Wheatley Group, Scotland’s largest housing, care and regeneration organisation, has tapped the capital markets for £250m, in what is the first time a Scottish housing association has raised finance through the issue of a public bond on the capital markets, writes Real Estate Capital's sister magazine Private Debt Investor.

Christian Candy’s Omni Capital has provided a £48m bridging loan to fund the acquisition of a residential development site in Chelsea Harbour, west London. The loan has been issued to the Hadley Property Group, which is backed by the multi-family office the LJ Group and private family office the Peterson Group. The site, known as […]

Aviva Commercial Finance has provided its first social housing loan – a 25-year, £67m facility loan for Sapphire Extra Care. The debt will be used to construct and maintain 390 social housing units targeted at the over 55s in Stoke on Trent in the UK. The Sapphire consortium, comprising the Eric Wright Group, Kajima Partnerships […]

Houston, Texas-based Crimson Advisors has secured a $105.6m loan from Landesbank Hessen Thuringen (Helaba) for the construction of a residential development at 546 West 44th Street in Manhattan’s Hell’s Kitchen neighborhood. A joint venture of Crimson Real Estate Fund, DHA Capital and USAA Real Estate Company purchased the block-through site and former parking garage — between 10th and 11th […]

Debt platform Aeriance Investments has issued £80m of new loans so far this year, all for residential property. The loans were funded through the Luxembourg company’s €500m Opportunistic Real Estate Loan Fund 2, which provides senior and junior short term and development finance loans mainly in London and the south east of the UK, targeting […]

Legal & General has issued its third social housing loan in six months – a £40m facility for Rooftop Housing Group. This brings its commitment to the sector to £232m, including a £102m loan it provided to The Hyde Group in March 2013 which marked the commercial lending business’s first social housing loan. Its latest […]

Colony American Homes’ second single-family rental securitization, the $558.5m Colony American Homes 2014-2, is on the market, becoming the fifth such offering in the rapidly growing asset class. Despite inherent risks in this and other SFR deals, such as house price volatility, managers with limited operating history, and the  geographic concentration of the assets, analysts tell […]